18 results
- 20 Feb 2026
Mutual Benefits Assurance Settles ₦5.9bn Claims in January 2026
Mutual Benefits Assurance, a leading Nigerian insurance company, has paid a total of ₦5,937,665,353.57 in claims to policyholders in January 2026 alone, underlining its strong financial capacity and…
- 1 Mar 2026
Mutual Benefits Assurance Reaffirms Full Regulatory Compliance, Enhanced Governance
Mutual Benefits Assurance Plc has allayed concerns arising from recent media reports referencing a sanction previously imposed by the Nigerian Exchange Limited (NGX) over delays in the filing of…
- 24 Jan 2022
Mutual Benefits’ Capital Base Hits N20bn
Mutual Benefits Assurance Plc said the group’s capacity to underwrite bigger insurance risks has continued to increase as its capitalisation has reached N20bn. The Chairman of the company, Dr Akin…
- 5 May 2026
Mutual Benefits Restates Commitment to Responsible Corporate Practice
Mutual Benefits Assurance Plc has reaffirmed its long-standing commitment to strong governance, regulatory discipline and responsible corporate practice as part of its continued evolution as a…
- 5 May 2026
Double Recognition for Mutual Benefits at 2026 NIA Awards Ceremony
Mutual Benefits Assurance Plc has recorded a significant milestone as two of its foremost leaders were honoured at the recently held 2026 Nigerian Insurers Association (NIA) Awards & Recognition…
- 6 Sept 2024
Mutual Benefits Decries Low Insurance Penetration, Seeks Policy Changes
Mutual Benefits Assurance Plc has decried the low insurance penetration in the country, calling for policy changes to increase insurance uptake by Nigerians. Mr. Femi Asenuga, Managing Director/Chief…
- 16 Jun 2026
Mutual Benefits Decries Nigeria's Credit Gap, Offers Solutions
A recent study - Nigeria’s Credit Landscape Report 2025 - has revealed a striking paradox in the nation's financial ecosystem, revealing that while more Nigerians are becoming financially included,…
- 19 Mar 2023
Nigerian Exchange Fines 16 Firms N779m for Market Offences
Nigerian Exchange Limited (NGX) has sanctioned 16 companies for various market infractions in three years. According to report in the Punch, , the NGX imposed the sum of N779.5m fine on LASACO…
- 16 Jun 2019
NSE Raises Red Flag on 34 Firms, Issues Caveat
Nigerian Stock Exchange (NSE) has placed cautionary red alerts on 34 companies for their inability to meet listing requirements, implying underlying corporate governance weaknesses that investors…
- 13 Mar 2019
NSE Slams N434m Fines on 36 Firms over Default
Nigerian Stock Exchange (NSE) has fined about 36 quoted companies N434.1 million for failure to file their audited financial statements after the regulatory due date. Checks by New Telegraph…
- 24 Dec 2021
NAICOM says Insurance Industry Attracting Huge Pension Funds
Mr. Sunday Thomas, the Commissioner for Insurance, National Insurance Commission, has said the insurance industry is attracting huge pension funds and contributing largely to the national economy. A…
- 31 Aug 2021
NAICOM Boss Urges Operators to Strategise for Effective Management of N14tn Annuity Premium
Mr. Sunday Thomas, the commissioner for Insurance, has charged insurance industry operators to strategies on how best to effectively manage the existing N14 trillion pension assets, which will…
- 20 May 2026
Immigration, Lasaco Assurance Partner on Institutional Growth
The Nigeria Immigration Service, Lagos State Command, has entered into a collaborative partnership with Lasaco Assurance Plc to drive sustainable institutional growth and operational synergy.…
- 18 Oct 2021
Nigeria Exchange Slams N1Bn Fines on 40 Firms for Infractions
Nigeria Exchange Limited (NGX) has slammed N1 billion on 40 companies listed on the floor of the exchange for various market infractions. The fines were from 2020 to date. Analysis indicates that…
- 17 Jun 2025
Nigerian Stock Market Suffers ₦183 Billion Loss Amid Profit-Taking
Nigerian stock market continued its downward trend on Tuesday, June 17, with investors losing ₦183 billion in market value. The Nigerian Exchange Ltd. (NGX) saw its total capitalisation decline from…
- 8 Mar 2010
What Insurance Companies Stand to Benefit from Bancassurance
The issue of whether or not bancasurance should be allowed a foothold in the industry has attracted attention in times past, especially soon after the recapitalization exercise. Many operators kicked…
- 18 Sept 2013
UBA Boss says Innovative Financial Services Critical for African Aviation Industry
The provision of innovative financial services that will ensure collections at optimal cost for the aviation industry is critical to the sustainability of the African aviation industry. Mr…
- 13 Sept 2013
UBA Foundation Donates Incubators to UNTH, AKTH
UBA Foundation, the corporate social platform of United Bank for Africa (UBA) Plc has reaffirmed its commitment to the development of Nigeria's health sector especially in the area of improving and…